NOT LISTED FOR SALE

523 Jennison Ave Unit 521523 Kalamazoo, MI 49006

Westwood Neighborhood

Estimated Value: $252,000 - $279,000

-- Bed
2 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $145,000

Est. 81% increase in value since last sale

Current estimated payment $1,508/month

98 Days on Market

About This Home

As of May 2019

Spacious & clean duplex ranch in a convenient location. Both units occupied. Very clean units. One tenant long term since 2011. Tenants pay utilities. New Grey Pergo Hardwood in 523(back unit), Fresh Paint, Newer Appliances. Roof replaced 2012. Ample parking , including 2 vehicle carport. Competitive location ensures very low vacancy. Gross rent currently $1,580/mo. Great opportunity for owner to live in one half and rent out the other half!

Last Agent to Sell the Property

Andrew Vergunst

Keller Williams Kalamazoo Market Center License #6501395183 Listed on: 12/29/2018

Keller Williams Kalamazoo Market Center

Co-Listed By

Joseph Vergunst

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Maureen Kelly

Berkshire Hathaway HomeServices MI License #6501322406

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 155000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4398.77
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2018
Closed on
May 31, 2019
Sold by
R & J Equities Llc
Bought by
Dwathen Jacob
Seller's Agent
Andrew Vergunst
Keller Williams Kalamazoo Market Center
Buyer's Agent
Maureen Kelly
Berkshire Hathaway HomeServices MI
List Price
$166,000
Sold Price
$145,000
Premium/Discount to List
-$21,000
-12.65%
Current Estimated Value
$262,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,758
Avg. Annual Appreciation
10.03%
Original Mortgage
$123,250
Outstanding Balance
$109,027
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$154,277

Purchase Details

Closed on
May 19, 2011
Sold by
Equity Bank Na
Bought by
R & J Equities Llc

Purchase Details

Closed on
Jan 7, 2010
Sold by
Hunnewell Barry G
Bought by
Equity Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dwathen Jacob $145,000 Chicago Title Of Mi Inc
R & J Equities Llc -- Nations Title
Equity Bank Na $120,983 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwathen Jacob $123,250
Previous Owner Hunnewell Barry G $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $145,000 -12.7% --
04/06/2019 04/06/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $166,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $909 $120,200 $0 $0
2024 $909 $115,900 $0 $0
2023 $867 $104,500 $0 $0
2022 $4,992 $87,900 $0 $0
2021 $4,704 $79,900 $0 $0
2020 $4,631 $73,400 $0 $0
2019 $3,937 $68,800 $0 $0
2018 $4,399 $66,900 $0 $0
2017 $0 $66,900 $0 $0
2016 -- $64,400 $0 $0
2015 -- $60,000 $0 $0
2014 -- $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andrew Vergunst

    Keller Williams Kalamazoo Market Center

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Joseph Vergunst

    Keller Williams Kalamazoo Market Center

    Section Image
  • Maureen Kelly

    Buyer's Agent in 2019

    Maureen Kelly

    Berkshire Hathaway HomeServices MI

    (269) 547-0259

    5 in this area

    102 Total Sales

    Maureen Kelly
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18059431

Southwestern Michigan Association of REALTORS®

APN: 06-17-256-800

Michigan Kalamazoo County Kalamazoo 49006 Westwood

523 Jennison Ave Unit 521523, Kalamazoo, MI

This home is located at 523 Jennison Ave Unit 521523, Kalamazoo, MI 49006 since 29 December 2018 and is currently estimated at $262,758. This property was built in 1960. 523 Jennison Ave Unit 521523 is a home located in Kalamazoo County with nearby schools including Northglade Montessori School, Hillside Middle School, and Kalamazoo Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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